Cheap homes for sale & real estate in 46218, IN

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ABOUT THIS HOME
Cheap Home for sale in 46218, IN:
AFFORDABLE, INCOME-PRODUCING DUPLEX WITH VALUE-ADD POTENTIAL! Clean, well-kept Indianapolis duplex offered at just $129,900 with both units currently occupied. The 2BR/1BA unit rents for $700/month with the current lease running through June 2027, while the 1BR/1BA unit rents for $475/month on a month-to-month basis, providing a combined $1,175/month in current rental income. Tenants pay gas and electric; owner pays water and sewer and provides stoves and refrigerators. Several major capital improvements have already been addressed, including a roof approximately 2 years old, furnaces approximately 4-5 years old, siding approximately 6-8 years old, and replacement windows approximately 12 y

$129,900

3 beds2 baths1,022 sq ft

4601 E 19th St, Indianapolis, IN 46218

Clean well kept • Value add potential • Full basement

ABOUT THIS HOME
Cheap Home for sale in 46218, IN:
Welcome to this beautifully remodeled three-bedroom, one-bath home in Warren Township! Situated as the last house on a corner street, this cozy property offers added privacy and a peaceful setting. Nearly everything has been updated, including a new roof, flooring, interior paint, plumbing, electrical panel, new water heater kitchen cabinets, and modern lighting throughout. The basement also features a versatile bonus room that could be used as a home office, gym, guest space, playroom, or whatever best fits your needs. Move-in ready and full of possibilities, this home is a great option for a first-time buyer or an investor looking to add to their portfolio. Schedule your showing today!

$218,000

3 beds1 bath1,677 sq ft

5301 Sutton St, Indianapolis, IN 46218

Remodeled • Added privacy • Corner street

ABOUT THIS HOME
Cheap Home for sale in 46218, IN:
Welcome home to 2 bedrooms and 1 full bath. This home has a full basement, large 2 car garage and is fully fenced. Hookups for either gas or electric oven/range are in place. This home is tenant occupied and would make a great addition to your rental/investment portfolio. Make it yours!

$100,000

2 beds1 bath1,456 sq ft

1902 N Linwood Ave, Indianapolis, IN 46218

Large 2 car garage • Fully fenced • 5,793 sq ft lot

ABOUT THIS HOME
Cheap Home for sale in 46218, IN:
Come explore this beautifully updated, spacious 3-bedroom, 2-bath home offering over 2,000 square feet of living space! The thoughtfully designed floor plan features two oversized bedrooms on the main level w/ 2 private bathrooms and a third bedroom upstairs. Enjoy new flooring throughout, new windows, fresh paint, new cabinetry, and updated bathrooms. No corner has been left untouched! The generous outdoor space offers plenty of room for entertaining, relaxing, or creating your own backyard oasis. Plus, NO HOA! With all these updates and space for under $200K, this home is a must-see. Property qualifies for down payment assistance grant and seller will assist with rate buy down! Schedule y

$189,000

3 beds2 baths3,360 sq ft

2439 N Gale St, Indianapolis, IN 46218

New flooring • Updated bathrooms • New cabinetry

ABOUT THIS HOME
Cheap Home for sale in 46218, IN:
Beautiful Investment Opportunity with Immediate Rental Income! Add this well-maintained home to your portfolio and start collecting income from day one. The property is currently tenant-occupied and generating $1,800 per month in rental income, making this an excellent opportunity for an investor looking for a cash-flowing rental. The current tenant's rights and lease terms remain in place through August 31, 2027, providing the new owner with an established tenant and continued rental income. Whether you're expanding an existing portfolio or looking for your next income-producing property, this is an opportunity worth considering!

$150,000

4 beds1 bath1,074 sq ft

2341 Wheeler St, Indianapolis, IN 46218

5,401 sq ft lot • Garage • Built 2008

Property at 2133 N Lesley Ave, Indianapolis, IN 46218, 3 beds, 1.5 baths

$170,000

3 beds1.5 baths1,040 sq ft

2133 N Lesley Ave, Indianapolis, IN 46218

Property at 2219 Hovey St, Indianapolis, IN 46218, 2 beds, 2 baths

$100,000

2 beds2 baths1,204 sq ft

2219 Hovey St, Indianapolis, IN 46218

Property at 3033 Forest Manor Ave, Indianapolis, IN 46218, 4 beds, 2 baths

$204,999

4 beds2 baths1,507 sq ft

3033 Forest Manor Ave, Indianapolis, IN 46218

Property at 2808 Sangster Ave, Indianapolis, IN 46218, 3 beds, 1 bath

$209,900

3 beds1 bath1,028 sq ft

2808 Sangster Ave, Indianapolis, IN 46218

Property at 2418 Wheeler St, Indianapolis, IN 46218, 4 beds, 2 baths

$243,000

4 beds2 baths3,012 sq ft

2418 Wheeler St, Indianapolis, IN 46218

Property at 3128 Adams St, Indianapolis, IN 46218, 5 beds, 2 baths

$225,000

5 beds2 baths1,750 sq ft

3128 Adams St, Indianapolis, IN 46218

Property at 1844 N Linwood Ave, Indianapolis, IN 46218, 2 beds, 1 bath

$110,000

2 beds1 bath1,448 sq ft

1844 N Linwood Ave, Indianapolis, IN 46218

Property at 2850 Adams, Indianapolis, IN 46218, 4 beds, 1 bath

$149,900

4 beds1 bath1,722 sq ft

2850 Adams, Indianapolis, IN 46218

Property at 5456 E 17th St, Indianapolis, IN 46218, 3 beds, 1 bath

$154,900

3 beds1 bath1,824 sq ft

5456 E 17th St, Indianapolis, IN 46218

Property at 2041 N Parker Ave, Indianapolis, IN 46218, 3 beds, 3 baths

$150,000

3 beds3 baths1,620 sq ft

2041 N Parker Ave, Indianapolis, IN 46218

Property at 3550 N Dequincy St, Indianapolis, IN 46218, 3 beds, 2 baths

$208,550

3 beds2 baths2,412 sq ft

3550 N Dequincy St, Indianapolis, IN 46218

Property at 3551 Forest Manor Ave, Indianapolis, IN 46218, 3 beds, 2 baths

$192,900

3 beds2 baths1,620 sq ft

3551 Forest Manor Ave, Indianapolis, IN 46218

Property at 2053 Ralston Ave, Indianapolis, IN 46218, 2 beds, 2 baths

$170,000

2 beds2 baths1,260 sq ft

2053 Ralston Ave, Indianapolis, IN 46218

Property at 3324 Ralston Ave, Indianapolis, IN 46218, 2 beds, 2 baths

$164,900

2 beds2 baths1,616 sq ft

3324 Ralston Ave, Indianapolis, IN 46218

Property at 3202 N Arlington Ave, Indianapolis, IN 46218, 3 beds, 1 bath

$171,000

3 beds1 bath1,204 sq ft

3202 N Arlington Ave, Indianapolis, IN 46218

Property at 2051 Ralston Ave, Indianapolis, IN 46218, 3 beds, 2.5 baths

$190,000

3 beds2.5 baths1,678 sq ft

2051 Ralston Ave, Indianapolis, IN 46218

Property at 3701 N Parker Ave, Indianapolis, IN 46218, 3 beds, 2.5 baths

$90,000

3 beds2.5 baths2,538 sq ft

3701 N Parker Ave, Indianapolis, IN 46218

Property at 2131 N Dequincy St, Indianapolis, IN 46218, 3 beds, 1 bath

$93,000

3 beds1 bath1,032 sq ft

2131 N Dequincy St, Indianapolis, IN 46218

Property at 3618 N Adams St, Indianapolis, IN 46218, 3 beds, 2 baths

$180,000

3 beds2 baths1,760 sq ft

3618 N Adams St, Indianapolis, IN 46218

Property at 1702 N Campbell Ave, Indianapolis, IN 46218, 3 beds, 2 baths

$270,000

3 beds2 baths2,220 sq ft

1702 N Campbell Ave, Indianapolis, IN 46218

Property at 2270 Wheeler St, Indianapolis, IN 46218, 4 beds, 1 bath

$99,900

4 beds1 bath1,534 sq ft

2270 Wheeler St, Indianapolis, IN 46218

Property at 1735 N Oxford St, Indianapolis, IN 46218, 4 beds, 1.5 baths

$199,900

4 beds1.5 baths2,543 sq ft

1735 N Oxford St, Indianapolis, IN 46218

Property at 3352 Wallace Ave, Indianapolis, IN 46218, 2 beds, 1 bath

$80,000

2 beds1 bath1,562 sq ft

3352 Wallace Ave, Indianapolis, IN 46218

Property at 3009 N Colorado Ave, Indianapolis, IN 46218, 6 beds, 2 baths

$184,900

6 beds2 baths1,792 sq ft

3009 N Colorado Ave, Indianapolis, IN 46218

Property at 3260 Baltimore Ave, Indianapolis, IN 46218, 4 beds, 2 baths

$189,900

4 beds2 baths1,440 sq ft

3260 Baltimore Ave, Indianapolis, IN 46218

Property at 3437 N Euclid Ave, Indianapolis, IN 46218, 4 beds, 1 bath

$99,000

4 beds1 bath2,555 sq ft

3437 N Euclid Ave, Indianapolis, IN 46218

Property at 3312 Schofield Ave, Indianapolis, IN 46218, 2 beds, 1 bath

$125,000

2 beds1 bath1,856 sq ft

3312 Schofield Ave, Indianapolis, IN 46218

Property at 3532 N Chester Ave, Indianapolis, IN 46218, 3 beds, 2 baths

$209,900

3 beds2 baths1,536 sq ft

3532 N Chester Ave, Indianapolis, IN 46218

Property at 3607 N Graham Ave, Indianapolis, IN 46218, 3 beds, 1 bath

$199,000

3 beds1 bath1,102 sq ft

3607 N Graham Ave, Indianapolis, IN 46218

Property at 4709 Ribble Rd, Indianapolis, IN 46218, 3 beds, 1 bath

$124,900

3 beds1 bath888 sq ft

4709 Ribble Rd, Indianapolis, IN 46218

Property at 5665 E 20th St, Indianapolis, IN 46218, 3 beds, 2 baths

$115,000

3 beds2 baths918 sq ft

5665 E 20th St, Indianapolis, IN 46218

Property at 2826 E 17th St, Indianapolis, IN 46218, 2 beds, 2 baths

$99,900

2 beds2 baths1,628 sq ft

2826 E 17th St, Indianapolis, IN 46218

Property at 2925 Baltimore Ave, Indianapolis, IN 46218, 3 beds, 1.5 baths

$162,500

3 beds1.5 baths1,139 sq ft

2925 Baltimore Ave, Indianapolis, IN 46218

Property at 5007 E 34th St, Indianapolis, IN 46218, 2 beds, 1 bath

$109,999

2 beds1 bath600 sq ft

5007 E 34th St, Indianapolis, IN 46218

Property at 2510 E 25th St, Indianapolis, IN 46218, 2 beds, 1 bath

$99,000

2 beds1 bath672 sq ft

2510 E 25th St, Indianapolis, IN 46218

Property at 2908 E 17th St, Indianapolis, IN 46218, 3 beds, 1 bath

$176,555

3 beds1 bath2,064 sq ft

2908 E 17th St, Indianapolis, IN 46218

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Based on information submitted to the MLS GRID as of Mon Oct 26 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Cheap Homes for Sale in 46218

There are currently 232 cheap homes for sale in 46218 at a median listing price of $150K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 46218 stay on the market for 79 days and receive 1 offers. This map is refreshed with the newest listings in 46218 every 15 minutes.

In the past month, 30 homes have been sold in 46218. In addition to houses in 46218, there were also 0 condos, 1 townhouse, and 17 multi-family units for sale in 46218 last month. 46218 is a minimally walkable zip code in Marion County with a Walk Score of 36. 46218 is home to approximately 29,164 people and 7,454 jobs. Find your dream home in 46218 using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in 46218 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 46218. If you're looking to sell your home in the 46218 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 46218 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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